Advent to Sell Up to €1.5 Billion InPost Loan to Banks (1)

Advent International LP seeks to sell about a third of a €4.2 billion ($4.9 billion) buyout loan for Polish parcel-locker company InPost SA to a group of banks, before the rest is marketed to institutional investors.

The private equity firm is set to offload between €1 billion to €1.5 billion of the debt backing the acquisition of InPost to international lenders, including Polish banks, following a number of expressions of interest in the deal, according to people familiar with the matter. The buyout is led by Advent and FedEx Corp.

The banks will be buying InPost’s term loan B, ...